The Ternary Forecasting engine allows you see a daily breakdown of your current month cost with a trend based forecast for the remaining days in that month. The calculation uses a look back period of the previous 60 days to predict your monthly cost. The default forecast uses all of the cost for your configured cloud service providers, with a detailed view by category and description to better understand your top spend drivers. We provide the ability to change the groupings, cost metric or filter on a specific vendor's cost. You will see the current month actual cost as a darker color, while the forecasted cost is represented in a lighter color. Above the chart you will see comparison KPIs using the forecasted cost for your current month-to-date spend vs your previous month-to-date spend, the estimated total monthly spend vs previous month total spend and the current month forecasted spend compared to your previous 3 month average spend. The table data below the chart will reflect any updates made in your parameter selection and can be exported as as csv file. You will see your chosen groupings along with the current month spend, estimated current month spend and the estimated delta spend.

How it works

The Ternary Forecasting engine allows you see a daily breakdown of your current month cost with a trend based forecast for the remaining days in that month. The calculation uses a look back period of the previous 60 days to predict your monthly cost. 

The default forecast uses all of the cost for your configured cloud service providers, with a detailed view by category and description to better understand your top spend drivers. We provide the ability to change the groupings, cost metric or filter on a specific vendor's cost. You will see the current month actual cost as a darker color, while the forecasted cost is represented in a lighter color. 

Above the chart you will see comparison KPIs using the forecasted cost for your current month-to-date spend vs your previous month-to-date spend , the estimated total monthly spend vs previous month total spend and the current month forecasted spend compared to your previous 3 month average spend. 

The table data below the chart will reflect any updates made in your parameter selection and can be exported as as csv file. You will see your chosen groupings along with the current month spend, estimated current month spend and the estimated delta spend.